The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $195.82 and traded as high as $218.50. Monarch Cement shares last traded at $217.74, with a volume of 85 shares trading hands.
Monarch Cement Price Performance
The business's 50 day moving average price is $207.13 and its 200 day moving average price is $196.12. The stock has a market capitalization of $796.49 million, a P/E ratio of 10.26 and a beta of 0.61.
Monarch Cement Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Tuesday, December 17th will be given a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Tuesday, December 17th. Monarch Cement's dividend payout ratio (DPR) is presently 14.16%.
Monarch Cement Company Profile
(
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The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies.
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